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$1,250,000

1540 N Allen Ave Pasadena, CA 91104

0.2 acres
Multi-Family

Property details

About 1540 N Allen Ave

A prime investment opportunity on the Altadena/Pasadena border - this 4-plex is comprised of three 2 bed/1bath units and one studio. The apartments are clean and generously sized with in-unit laundry (except studio) as well as air conditioning. Each unit has assigned off street parking. The property has been lovingly maintained by the same family for decades and with some upgrades and extensive interior and exterior remediation following the Eaton Fire (scheduled to be completed within the next couple of weeks). With its desirable location, well-maintained units and stable tenant base, this investment offers both immediate returns and long-term growth potential.

Highlights

Home typeQuadruplex
StatusAccepting Backup Offers
(Active Under Contract)
Lot size0.1708 Acres
Year built1946
MLS #PW25145891
Garage2 spaces

Summary

  • Garage Space: 2 spaces
  • Private Pool: No
  • List Price: $1,250,000
  • Annual Tax Amount: $8,360
  • Tax Year: 2024
  • Directions: North of Washington Blvd on Allen before Layton
  • Year Built: 1946
  • Stories: 1
  • Lot Size: 0.1708 Acres
  • MLS Number: PW25145891
  • MLS Name: CRMLS
  • Office Name: Keller Williams Realty
  • Office Phone: (626) 298-1025
  • Listing Agent: Katie Manes

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/31/2025, 9:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Dec 18, 1990
Home Sold
$332,000

Tax history

YearAssessmentProperty Tax
2024$587,846$8,360
2023$576,336$7,944
2022$565,051$7,686
2021$553,988$7,164
2020$547,536$6,915
2019$536,800$6,926
2018$526,275$6,855
2017$515,957$6,855

History based on county public records data.

Nearby schools

6

Daniel Webster Elementary School

Public District KG-5

0.4 mi

2101 E Washington Blvd

6

Longfellow Magnet School

Public District KG-5

1.0 mi

1065 E Washington Blvd

6

Norma Coombs Elementary School

Public District KG-5

1.3 mi

2600 Paloma St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $83,446. Most Pasadena, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

23%
<35k
36%
35k-100k
33%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

39%
Single, No Kids
6%
Single, with Kids
32%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
21%
18-34 yrs old
48%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Live TheatreLive Theatre
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Boston MarketBoston Market
  • StarbucksStarbucks

What do the neighbors drive?

  • VolvoVolvo
  • MercedesMercedes
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1540 N Allen Ave

The listing price of 1540 N Allen Ave property is $1,250,000.

The property 1540 N Allen Ave is a multi located in Pasadena, California, 91104.

Accepting Backup Offers: 1540 N Allen Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 1540 N Allen Ave are: Daniel Webster Elementary School (GreatSchools Rating 6/10), Longfellow Magnet School (GreatSchools Rating 6/10), Norma Coombs Elementary School (GreatSchools Rating 6/10), Charles W. Eliot Arts Magnet Academy (GreatSchools Rating 4/10), Octavia E. Butler Magnet Middle School (GreatSchools Rating 4/10), Pasadena Rosebud Academy (GreatSchools Rating 7/10), Marshall Fundamental (GreatSchools Rating 6/10), Cis Academy (GreatSchools Rating 5/10), Pasadena High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2024 is $8,360 (source: MLS/based on county public records data).

The last sale was on December 18, 1990 for $332,000 (source: MLS/tax record).

The year of construction for 1540 N Allen Ave is 1946.

This home is located at 1540 N Allen Ave in Pasadena, CA and zip code 91104 in the The Verdugos neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 30, 2025 and is currently priced at $1,250,000.

In June 2025, from all listings sold in Pasadena, CA there were more than 45 sold above asking price, over 30 sold below and more than 9 were sold right at the asked price. The number of homes for sale in Pasadena, CA decreased by 0.8% between May and June 2025. Listings spent 34 days on the market in June 2025, and had a median list price of $1,232,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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